<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000357261 <NAME> FLORIDA PROGRESS CORPORATION <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <PERIOD-TYPE> 3-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,651 <OTHER-PROPERTY-AND-INVEST> 1,209 <TOTAL-CURRENT-ASSETS> 593 <TOTAL-DEFERRED-CHARGES> 97 <OTHER-ASSETS> 157 <TOTAL-ASSETS> 5,707 <COMMON> 1,159 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 837 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,996 <PREFERRED-MANDATORY> 30 <PREFERRED> 114 <LONG-TERM-DEBT-NET> 1,842 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 47 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,678 <TOT-CAPITALIZATION-AND-LIAB> 5,707 <GROSS-OPERATING-REVENUE> 703 <INCOME-TAX-EXPENSE> 26 <OTHER-OPERATING-EXPENSES> 593 <TOTAL-OPERATING-EXPENSES> 619 <OPERATING-INCOME-LOSS> 84 <OTHER-INCOME-NET> 1 <INCOME-BEFORE-INTEREST-EXPEN> 85 <TOTAL-INTEREST-EXPENSE> 35 <NET-INCOME> 50 <PREFERRED-STOCK-DIVIDENDS> 3 <EARNINGS-AVAILABLE-FOR-COMM> 47 <COMMON-STOCK-DIVIDENDS> 48 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 186 <EPS-PRIMARY> 0.49 <EPS-DILUTED> 0.49